# PPP loan: INNOVATIVE MOVING FLOOR TRAILERS, LTD
> **$603K** approved 04/08/2020 · Paid in Full · Loan `8744967010`
## Borrower
- **Name:** INNOVATIVE MOVING FLOOR TRAILERS, LTD
- **Address:** 714 Falvey Ave, TEXARKANA, TX, 75501-6662
- **NAICS:** 336212
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $603K
- **Initial approval:** $603K
- **Forgiven:** $607K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $603K
- **Jobs reported:** 61
## Lender
- **Originating:** Red River Employees Federal Credit Union
- **Servicing:** Red River Employees Federal Credit Union (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*